Sage Investment Club

📊 For ASML, 2022 was another strong year ending with total net sales for the year of €21.2 billion, gross margin of 50.5% and a record backlog at the end of 2022 of €40.4 billion. 📈 ASML continues to see uncertainty in the market caused by inflation, rising interest rates, risk of recession and geopolitical developments related to export controls. 🚀 However,customers indicate that they expect the market to rebound in the second half of the year. 📈 For 2023, ASML expects continued strong growth with a net sales increase of more than 25% and a slight improvement in gross margin, relative to 2022. Full report submitted by /u/neenpaques [comments]

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